$Credo Technology Group Holding Ltd(CRDO)$ just released exceptionally strong Q1 FY2026 earnings that exceeded market expectations. Driven by surging demand for high-speed connectivity solutions in AI infrastructure, both revenue and profits reached all-time highs. While high customer concentration may cause short-term volatility, overall growth momentum remains robust. Potential risks include supply chain disruptions and tariff uncertainties.Key Financial HighlightsRevenue Performance: Q1 revenue reached $223.1 million, up 31% quarter-over-quarter and surging 274% year-over-year. Growth was primarily driven by the product business, particularly demand for Active Electronic Cables (AEC) and optical DSP products. The company's revenue significantly
ABTC IPO Flop: Is it Cooling Just Like TRUMP Coin?
American Bitcoin (ABTC) stock dropped below its IPO price just one day after debuting on the Nasdaq, falling 15% to $6.83. The company, which holds over $269 million in bitcoin, is betting on a hybrid strategy that pairs mining operations with long-term asset accumulation. ABTC’s post-merger equity raise of up to $2.1 billion signals aggressive expansion plans in an industry under pressure from rising energy costs and network competition. ------- 1. Will you trade Trump concept? 2. Are there still chances after dips? 3. How do you view the miner's expansion?
+ Follow
+0